Nigeria’s Electricity Consumers Rise to 11.71m in Q3, 2023

Florence Adidi, Abuja

375
The  National Bureau of Statistics (NBS) in Nigeria has said that electricity customers  rose to  11.71 million in the third quarter of 2023 from 11.47 million in Q2 2023, showing an increase of 2.08 percent.
Out of this figure, the NBS explained that “metered customers stood at 5.68 million in Q3 2023, indicating a growth of 3.77 per cent from 5.47 million recorded in the preceding quarter. On a year-on-year basis, this grew by 13.07 per cent from the figure reported in Q3 2022 which was 5.02 million.”
Also, on  a year-on-year basis, “customers in Q3 2023 rose by 7.09 per cent from 10.94 million reported in Q3 2022”.
In addition, “estimated customers during the quarter were 6.03 million, higher by 0.53 per cent from 6.00 million in Q2 2023. On a year-on-year basis, estimated customers increased by 2.02 per cent in Q3 2023 from 5.91 million in Q3 2022”.
Revenue collected by the distribution companies  during the period was N260.16 billion from N263.08 billion in Q2 2023. On a year-on-year basis, revenue generated in the reference period rose by 28.40 per cent from N202.62 billion recorded in Q3 2022.
Electricity supply was 5,731.60 (Gwh) in Q3 2023 from 5,909.83 (Gwh) in the previous quarter. However, on a year-on-year basis, electricity supply increased by 14.09 per cent compared to 5,023.96 (Gwh) reported in Q3 2022.

 

 

Hauwa Abu

Comments are closed.